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Gbp0.8874-0.8904 Resistance.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Gbp0.8874-0.8904 Resistance Region Key
*RES 4: Gbp0.8904 Low Mar 8 now resistance 
*RES 3: Gbp0.8892 200-DMA 
*RES 2: Gbp0.8874 High Mar 15 
*RES 1: Gbp0.8845 55-DMA
*PRICE: Gbp0.8836 @ 0410GMT
*SUP 1: Gbp0.8822 Daily Bull channel base off 2018 low 
*SUP 2: Gbp0.8769 Low Feb 26 
*SUP 3: Gbp0.8730 Low Feb 8 
*SUP 4: Gbp0.8714 Monthly Low Feb 1
*COMMENTARY: Despite closing below the 55-DMA follow through has been lacking
courtesy of the daily bull channel base off 2018 lows. Bears now need a close
below the channel base to confirm initial focus on Gbp0.8685-0.8769 where
monthly and 2018 lows are noted. The Gbp0.8904 resistance remains key. Bulls
need a close above to confirm a break of the 200-DMA, gain breathing room and
return initial focus to 2018 highs and overall focus to Gbp0.9013-48.

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